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Calpine Closes Texas Energy Fund Loan for 460-MW Pin Oak Creek Peaking Facility

LCG, October 14, 2025--Calpine Corporation today announced the close of a Texas Energy Fund (TxEF) loan agreement to support development of the Pin Oak Creek project, a 460-MW, natural gas-fired peaking facility adjacent to Calpine's Freestone Energy Center, a gas-fired combined-cycle facility located on approximately 506 acres near Fairfield, Texas.

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Greenflash Infrastructure Closes Transaction for ERCOT's Largest Battery Storage Project Under Construction

LCG, October 7, 2025--Greenflash Infrastructure, L.P. ("Greenflash") today announced that it has successfully closed a hybrid tax capital and debt financing for Project Soho - a 400MW / 800MWh standalone battery storage project in Texas.

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Industry News

'Loose Parts' Force Palisades Shutdown

LCG, Sept. 6, 2000The 740 megawatt Palisades nuclear power plant belonging to Consumers Energy Co. was shut down yesterday evening after workers performing x-ray inspections discovered "loose parts" that could affect emergency core cooling operability.

In an event report filed with the Nuclear Regulatory Commission, plant operators said it was conducting radiography examinations at 6:00 p.m. and discovered that the internal parts of a check valve were not in place. The valve is a check valve in one of the reactor's emergency core coolant systems.

A second x-ray of the valve determined that all of the parts were inside the valve somewhere, but not where they should be. At 7:01 p.m., operators began to shut down the plant because the loose parts could adversely affect the operability of other components of the emergency core cooling system.

The plant this morning was in "hot shutdown" mode, meaning it can be easily restarted once the loose parts are nailed down.

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